08/11/2025
Brex enters European market with new EU Payment Institution licence
Brex has already established Dutch offices with a full board and sales, operations and customer success teams.
Legal, Regulation & Compliance
08/08/2025
Devon man guilty over £1m Ponzi scam
The FCA said it will begin confiscation proceedings to recover the proceeds of crime.
08/08/2025
Bank rate cut brings cash alternatives into spotlight: What big cash savers can do as savings rates fall
The Bank of England cut the bank rate from 4.25 per cent to 4.00 per cent today as the monetary policy committee judged, in a split decision, that economic slowdown is currently a greater threat than inflation.
08/08/2025
FCA introduces new rules to safeguard client funds
Additionally, all firms must implement monthly reporting on customer holdings and perform daily checks to confirm sufficient safeguarding of funds.
08/07/2025
Bank of England to override its inflation mandate and cut rates
The decision to cut rates again is likely to be far from unanimous and may possibly see a return of May’s three-way split.
08/07/2025
FCA sets out changes to payment safeguarding rules
Safeguarding means that customer money must be kept separate from the firm’s own money so that it is available to be returned if the firm fails.
08/07/2025
Consumer group slams FCA safeguarding reforms as ‘too little, too late’
Safeguarding refers to the practice of keeping customer money separate from a firm’s own finances to prevent losses in the event of insolvency.
08/07/2025
ECB publishes supervisory banking statistics on significant institutions for the first quarter of 2025
Supervisory banking statistics also available as interactive reports for first time, providing enhanced user customisation
08/06/2025
FCA confiscates over £300,000 from convicted fraudsters
The money will be returned to investors at the earliest opportunity.
08/06/2025
Norton Rose Fulbright advises Crédit Agricole Assurances
The Paris-based Norton Rose Fulbright team advising Crédit Agricole Assurances on this transaction was led by Bénédicte Denis
08/05/2025
Pensions dashboards could hold key to simplifying IHT and probate, says RSM UK
Former pensions minister Steve Webb has raised his concerns around the additional pressure this puts on grieving families.
08/05/2025
FCA issues fines of nearly £46m for failures managing the Woodford Equity Income Fund
Any findings in the Decision Notices are therefore provisional and reflect the FCA’s belief as to what occurred and how it considers their behaviour should be characterised.
08/05/2025
The EBA publishes key regulatory products on operational risk losses under the EU Banking Package implementation
In such cases, the RTS allow for a temporary waiver from the requirement to calculate the annual operational risk loss.
08/05/2025
EIOPA publishes monthly technical information for Solvency II Relevant Risk-Free Interest Rate Term Structures – end-July 2025
The RFR information has been calculated on the basis of the Technical Documentation.
08/05/2025
CIFA hails steady growth in investment fund sector
Total Assets Under Management (AUM) reached €10.7 billion, marking a 6.6 per cent increase compared to the previous quarter and an 18 per cent rise year-on-year.
08/04/2025
Deutsche Bank demonstrates enhanced resilience in 2025 EBA stress test
Deutsche Bank’s capital ratios would also remain considerably stronger than in hypothetical scenarios modelled in the previous EBA stress test in 2023, indicating the bank’s greater resilience under stress conditions.
08/04/2025
The EBA publishes the results of its 2025 EU-wide stress test
The results confirm that European banks remain resilient even under a severe hypothetical economic downturn.
08/04/2025
FCA to consult on motor finance compensation scheme
The FCA has moved quickly on steps to set up a proposed compensation scheme because it wants to provide clarity and certainty to consumers, firms and investors as quickly as possible.
08/04/2025
FCA opens retail access to crypto ETNs
Financial promotion rules will apply so consumers get the right information and aren’t offered inappropriate incentives to invest.
08/01/2025
EU banks continue to meet their MREL requirements set by Resolution Authorities on the basis of the identified resolution strategies
Banks in the sample reported EUR 242bn of MREL instruments that will become ineligible by the end of December 2025 due to their residual maturity falling below one year.